Investing in Palantir: Understanding PLTR Stock and Its Key Shareholders
Investing in Palantir's Stock Performance
Investing in Palantir Technologies (NASDAQ: PLTR) reveals a dynamic landscape of stock performance. As of December 2024, PLTR stock has surged dramatically, driven by AI ventures that attract a diverse set of institutional and individual investors. Understanding the shareholding structure offers critical insights for prospective investors.
Palantir's Remarkable Stock Surge
PLTR is aiming to reclaim its all-time high above $80, currently valued at $76.07, which shows a year-to-date increase of 358%.
Share Ownership Breakdown
- Public Companies and Individual Investors: 50.57%
- Exchange-Traded Funds (ETFs): 21.87%
- Mutual Funds: 14.51%
- Other Institutional Investors: 8.06%
- Insiders: 5%
Top Institutional Shareholders
- Vanguard Group: 244.06 million shares (11.19%)
- BlackRock: 157.92 million shares (7.24%)
- State Street Corporation: 82.51 million shares (3.78%)
- Geode Capital Management: 47.95 million shares (2.20%)
- Renaissance Technologies: 38.42 million shares
Mutual Funds Investing in PLTR
- Vanguard Total Stock Market Index Fund: 64.51 million shares
- Vanguard 500 Index Fund: 52.44 million shares
- Fidelity 500 Index Fund: 24.71 million shares
Insider Ownership and Activities
While Palantir executives have sold shares amid rising stock prices, their significant stakes remain crucial for investor confidence. Notably, CEO Alexander Karp and others maintain substantial holdings despite recent selling.
Impact of Insider Selling on Investor Sentiment
Insider selling during stock rallies raises questions about confidence levels among executives. Continued monitoring of such activities can provide insights into investor sentiment regarding PLTR's future.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.